Presented by Ramkrishna Rajput

SHRM Roll No.15

Exam Sheet No.116046

WHAT IS EMPLOYEE RETENTIONEmployee Retention is process in which the employee are

encouraged to remain with organization for the maximum period of time or until the completion of the project.

• WHAT MAKES EMPLOYEE LEAVE ? Job is not what employee expected. No growth opportunities. Lack of appreciation. Lack of trust and support Stress from overwork. Compensation. New job offer.

EMPLOYEE RETENTION INVOLVES FIVE MAJOR THINGS

COMPENSATION ENVIRONMENT GROWTH RETATIONSHIP

SUPPORT

RETENTION STRATEGIES Analysis of reason for staying or leaving. Actions for retention :- 1) Pay, 2) Job Design, 3) Performance 4)

Training, 5) Career Development, 6) Commitment, 7) Lack of group cohesion,

Hire the right person in right place! Empower the employees! Make them realize that they are important the organization! Have faith in them trust and respect them! Provide information and knowledge! Give feedback on their performance Appreciate their achievements! Create an healthy environment! Keep their moral high!

ROLE OF TEAM LEADER IN RETENTION Knowing what employee wantIs it your responsibility as an incharge to keep them.Supporting employee career growthBringing challenges in work ( Combine task, Form teams,

The employee in touch with clients, Change Assignments, Build in Feedback, Establish widespread participation, Nurture creativity, Set Goals.)

Extending Respect and dignity to the employeesWork and play belong at work be supportive and flexi

work.Career Development.

HR. DEPT. ROLE IN RETENTION

Give infrastructure facilities to ensure that employee give their best. They can make employee friendly policies process in procedure to

ensure that employee grow in organization. They can appreciate employee work. They can ensure proper communication process take place and

make sure that employee are heard. They can give regular feed back and Recognition. They can give training to boss if his management is not good.